Searches And Hires
The deferred compensation plan replaced its underperforming domestic large-cap growth equity manager in the second quarter.
The retirement system extended its contract with general investment consultant Raymond James Financial earlier this year.
The retirement system hired a new international equity manager in the third quarter.
The search is being conducted due to the upcoming contract expiration of incumbent StepStone Group.
The plan also replaced its discretionary private equity and private credit consultant.
The retirement system also approved three commitments totaling up to $90 million yesterday.
The retirement system added $300 million across infrastructure and private equity commitments last month.
Government Portfolio Advisors currently provides the services for the district.
The retirement association began a search over the summer after increasing its long duration credit target.
The city is seeking one or more firms to manage its eight investment portfolios.
